MoneyWorks4Me

RITES' consortium emerges as lowest bidder in Railway project in Bangladesh

16 Apr 2021 Evaluate

RITES led consortium has emerged as the lowest bidder during competitive bidding process by Bangladesh Railways for ‘Construction of Dual Guage Railway Line from Bogura to Shahid M. Mansur Ali station of Bangladesh Railway’. This is 80 KM long green field project and it has two phases: Preparation of DPR and Construction supervision. Duration is 13 months for Phase -1 and 30 months for Phase - 2. The project is funded by Exim Bank of India under LOC.

Total Fee Income would be about Rs. 63 crore and signing of Contract is expected to take place soon. 

RITES is a multi-disciplinary consultancy organization in the fields of transport, infrastructure, and related technologies. It provides a comprehensive array of services under a single roof and believes n transfer of technology to client organizations.

Peers
Company Name CMP
NBCC (India) 82.42
Rites 207.85
Mold-Tek Tech 196.25
Dhruv ConsultancySer 21.80
Telge Projects 218.05
View more..